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UK music industry generated £3.8bn in 2013

UK Music Industry generated £3.8 billion The Guardian newspaper reported that the British music industry contributed £3.8bn to the UK economy in 2013, according to an annual trade report. With the sector seeing a 9% growth over the year before, lobbyists called for a stronger national copyright framework to increase royalties even further. The full Guardian…

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Revenue Sources in the Music Industry

By David Goldstein Watch the music industry's revenue sources evolve over the years. Our friends over at Business Insider posted this interesting article and chart that shows how things have changed. The CD has slowly but surely been dying with the advent of the Internet. P2P services like Napster and Bittorrent have accelerated its demise, but…

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Amazon Launches Spotify Competitor

Amazon launches Spotify Competitor eCommerce giant Amazon launched a music streaming service that will compete head-on with Spotify, Pandora, Beats Music and Apple. With its Kindle tablets, Amazon has shown its ability to sell premium content in other categories such as books, film and TV successfully to its customers. As music streaming is becoming more…

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